Home / Knowledge / News / Textiles / Prices of PX, PTA, MEG & PSF decline
Prices of PX, PTA, MEG & PSF decline
13
May '11
Paraxylene market price declined sharply to US$ 1525/ton, in tandem with poor energy market. In S E Asian region, price was quoted in between US$ 1525/ton and US$ 1530/ton. In the F E Asian market, price hovered in the range of US$ 1530/ton to US$ 1535/ton. In Chinese market price went down to US$ 1530/ton.

In S E Asian markets, PTA declined to around US$ 1235/ton in Asian market. In Chinese market, PTA price opened around RMB 9850/ton but trading price hovered in between RMB 9600/ton to RMB 9700/ton. In Asian market PTA price declined to US$ 1250/ton to US$ 1260/ton.

Ethylene price remained stable to weak in S E Asian market and was marked in the range of US$ 1365/ton to US$ 1370/ton. F E Asian market price was in the range of US$ 1300/ton to US$ 1305/ton. In European international and domestic market, price turned soft around US$ 1540/ton and € 1130/ton, respectively. In USA market, ethylene was quoted around 65.25 cents/pound to 65.75 cents/pound.

MEG markets declined in global market in tandem with allied PET raw material. In S E Asian region, MEG prices hovered in the range of US$ 1080/ton to US$ 1085/ton. In Indian markets, price of MEG inclined to around US$ 1085/ton to US$ 1095/ton and in Chinese market, MEG price stood in the range of RMB 8500/ton to RMB 8600/ton.

BGPET Chips price remained stable to weak in S E Asian region and was in between US$ 1720/ton to US$ 1730/ton. In F E Asian markets, selling offers were around US$ 1725/ton for exportable goods. In Chinese market BG PET Chip was at RMB 12600/ton.

FGPET Chips prices in Korean markets remained stable around US$ 1650/ton to US$ 1660/ton and in Indian market; it was assessed in the range of US$ 1600/ton to US$ 1620/ton. In Chinese market FG PET Chip was at RMB 12150/ton to RMB 12250/ton.

PSF price continued to decline, in Chinese market PSF offers hovered around US$ 1845/ton to US$ 1855/ton. In Indian market 1.4 D PSF was around INR 98.75/Kg. 1.4 D Super black was around INR 111.25/Kg. In S E Asian market PSF offers were around US$ 1820/ton. In Chinese domestic market PSF offers were around RMB 12800/ton.

Click here to view and compare daily price trends.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search